MAH chief executive officer Yap Lip Seng: So far, from the announced initiatives under Budget 2021, little was mentioned on sustaining tourism businesses other than the extension of wage subsidy at the same amount of RM600 per employee per month, which the industry had long voiced as insufficient, when the industry had lost almost 80 per cent of business.

Bursa Malaysia chairman Tan Sri Abdul Wahid Omar characterised Budget 2021 as an “expansionary and holistic budget” that is appropriate with current priorities for the rakyat’s wellbeing.

Eligible borrowers for this enhanced assistance will be able to choose one of two options for each loan, namely a three-month deferment of instalment or a six-month reduction in instalments by 50%, which will be effective from Dec 1, 2020 until end-June 2021.

This was to ensure that students from low-income families received the essential nutritional requirements for their physical and mental growth.

Some RM1.2 billion for the construction of comfortable and quality housing come next year

I have a belief. How the Malaysian nation is a brave nation, a strong nation, that when we can agree with each other, we can do extraordinary things. That is why this 2021 Budget is raised as the theme " Resilient As One, Together We Triumph".

The association lauded the government’s proposal for a stamp duty exemption on loan agreements and Memorandum of Transfer (MOT) where ‘white knight’ contractors are reviving abandoned projects with the original house buyers of abandoned housing projects be extended for a further five years to December 2025.

MIEA president Lim Boon Ping expected the Budget to provide further property market stimulating measures and extension of incentives to the secondary market.

Rehda Malaysia president Datuk Soam Heng Choon: Rehda welcomes the [stamp duty exemption for first residential home] as part of the government’s initiative to encourage homeownership amongst the Rakyat, which was also our Budget Wish list to the government.

Full stamp duty exemption on Memorandum of Transfer and loan agreement for the first home priced below RM500,000. This is for agreements inked from January 2021 to December 2025